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The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of June 30, 2017. Assume that the beginning net
The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of June 30, 2017. Assume that the beginning net position is $1,703 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units.
WESTOVER VILLAGE | ||
Governmental Activities | ||
Selected Account Balances (in thousands) | ||
For the Year Ended June 30, 2017 | ||
Debits | Credits | |
Expenses -- Culture and Recreation | 12,412 | |
Expenses -- General Government | 9,631 | |
General Revenues -- Property Taxes | 56,360 | |
General Revenues -- Unrestricted Grands and Contributions | 1,260 | |
Expenses -- Health and Sanitation | 6,858 | |
Expenses -- Interest on Long-term Debt | 6,128 | |
General Revenues -- Investment Earnings | 2,018 | |
Expenses -- Public Safety | 34,904 | |
Program Revenue -- Culture and Recreation -- Charges for Services | 4,055 | |
Program Revenue -- Culture and Recreation -- Operating Grants | 2,510 | |
Program Revenue -- General Government -- Charges for Services | 3,206 | |
Program Revenue -- General Government -- Operating Grants | 903 | |
Program Revenue -- Health and Sanitation -- Charges for Services | 5,672 | |
Program Revenue -- Public Safety -- Capital Grants | 68 | |
Program Revenue -- Public Safety -- Charges for Services | 1,258 | |
Program Revenue -- Public Safety -- Operating Grants | 1,367 | |
Special Item -- Gain on Sale of Park Land | 3,533 |
Required: Prepare a (partial) statement of activities.
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